74
74
Nov 14, 2012
11/12
by
CNBC
tv
eye 74
favorite 0
quote 0
john chambers has executed in a very tough environment. >> next a it is hip to be square. the payment company announced on twitter it has hit $10 billion in processed payments before starbucks starts using square. starbucks will add 6 billion more a year so you can use square to buy your tea vana tea. >> we can't trade square because it is not public. to us veri phone. we have been short. pay anywhere. tons of them. >> celebrity trades. >> first go long channing tatum. i have been accumulating tatum calls for a long time. it is one of my best investments. take profits on the beebe. justin bieber pulled over by police driving a ferrari. he broke up with his girlfriend so expect volatility in the near term. you can never go wrong investing in one californian. kevin bacon all stories lead to him. we discover the six degrees through kevin bacon. the two biggest stories this week. general petraeus links to kevin bacon leads to her starring role in the closer which leads to john mcaffee. >> he claims to be a new yorker. we want to take credit for kevin bacon here. >> do we? >> h
john chambers has executed in a very tough environment. >> next a it is hip to be square. the payment company announced on twitter it has hit $10 billion in processed payments before starbucks starts using square. starbucks will add 6 billion more a year so you can use square to buy your tea vana tea. >> we can't trade square because it is not public. to us veri phone. we have been short. pay anywhere. tons of them. >> celebrity trades. >> first go long channing tatum. i...
282
282
Nov 15, 2012
11/12
by
CNBC
tv
eye 282
favorite 0
quote 0
>> mike, it's tough to do this show in this environment. how have you been? >> caller: great. a big boo-yah from shippensburg university. >> a great school. many of my teachers from springfield high, montgomery county went there. what's up? >> caller: i have some stocks for you. apple, aapl. express scripts, esrx. humana, hum. verizon, vz. and exelon, exe. am i diversified? [ buzzer ] >> all right. here we go. apple is tech. exelon is utility. that's the old philly elec. and comoil -- seem to be committed to the dividend which is why it's going down. express scripts is a pharmacy benefits manager. verizon is telco. these two are too much alike. even though express scripts is down i want to get rid of that, pick up some more yield. i want to go with -- unless it's retired i want to go with the mark west which held up very well. master limited partnership. health care, utility. be careful of that yield. i'd prefer you to be in duke because they're not going to get rid of their dividend. apple's tech and verizon nice yield. give you a little yield protection and also a little les
>> mike, it's tough to do this show in this environment. how have you been? >> caller: great. a big boo-yah from shippensburg university. >> a great school. many of my teachers from springfield high, montgomery county went there. what's up? >> caller: i have some stocks for you. apple, aapl. express scripts, esrx. humana, hum. verizon, vz. and exelon, exe. am i diversified? [ buzzer ] >> all right. here we go. apple is tech. exelon is utility. that's the old philly...
66
66
Nov 13, 2012
11/12
by
CNBC
tv
eye 66
favorite 0
quote 0
it's hard to imagine enterprises switching to that type of environment. >> that's my point exactly. i think may blew it on the enterprise side. >> they may be able to get leverage with consumers and get buzz going. i don't think it's going to be earth shattering. i don't think it's a bad product either. >> damned if you do, damned if you don't. if it was geared toward enterprised they would say they're not going to stack up to apple in any way, shape or form. >> put a product out people wanted to buy, it wouldn't matter. >> the biggest issue is the apps. people buy the consumer side for the apps. the app store, they didn't have it. they didn't have anything that was even close to being competitive with apple. >> right. let's move on. we got to hit cisco. rising in the after-hour session. better than expected earnings. mary thompson has the details. >> we have guidance from cisco on the current quarter. it expects earnings between 47, 48 cents a share which would put it in line with estimates. expecting revenue growth of 3.5% to 5.5% in the boundary of estimates of about 4.5%. of cou
it's hard to imagine enterprises switching to that type of environment. >> that's my point exactly. i think may blew it on the enterprise side. >> they may be able to get leverage with consumers and get buzz going. i don't think it's going to be earth shattering. i don't think it's a bad product either. >> damned if you do, damned if you don't. if it was geared toward enterprised they would say they're not going to stack up to apple in any way, shape or form. >> put a...
189
189
Nov 14, 2012
11/12
by
CNBC
tv
eye 189
favorite 0
quote 0
headline driven in this environment. yesterday you saw the sharp rally toward the end of the session. was it because of the rumor that spain might have a bailout or was it the rumor that potentially they were bundled 44 million euros together for greece? i don't know. it clearly moved the market, both of those things incidentally didn't happen. longer term, if you look at what is happening, europe versus the united states, you can see the effect of the fiscal cliff in the wake of the obama victory. here you see the yellow line here is the top 50 blue chips in europe. how they have traded over the last month. this is the dow jones industrial average. you'll see that under performance now, 4.5% as a result arguably of that fiscal cliff and arguably where the election left us. >> it's going to get tougher sledding. >>> meantime other capital markets op-ed, gary is looking although a few charts as he did yesterday. >> you know, carl, great piece by riches warning people about bond funds versus bonds. a lot of people ignore t
headline driven in this environment. yesterday you saw the sharp rally toward the end of the session. was it because of the rumor that spain might have a bailout or was it the rumor that potentially they were bundled 44 million euros together for greece? i don't know. it clearly moved the market, both of those things incidentally didn't happen. longer term, if you look at what is happening, europe versus the united states, you can see the effect of the fiscal cliff in the wake of the obama...
256
256
Nov 14, 2012
11/12
by
CNBC
tv
eye 256
favorite 0
quote 0
it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of and that is the conclusion of the lightning round. but whetr he's climbing everest, >>> everybody is freaking about about washington. the fiscal cliff is a man made problem that congress and the president created. if they would stop squabbling with each other they could solve this thing with the stroke of a pen. i'm not trying to minimize the scale of the problem. it could send our economy back into a recession. i'm going to keep going. people are saying why is this stock and that stock down. it is always the same. it is because the fiscal cliff. it is killing stocks. but you know what? some of the stocks that would be the worst hit, the defense contractors, are telling a different story. as a big part of the cliff, they are telling a different story. i'm talking a
it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of and that is the conclusion of the lightning round. but whetr he's climbing everest, >>> everybody is freaking about about washington. the fiscal cliff is a man...
278
278
Nov 12, 2012
11/12
by
CNBC
tv
eye 278
favorite 0
quote 0
natural gas, fracking, and the environment. each week keep it here where wall street meets main street. have a great week, everybody. see you next weekend.
natural gas, fracking, and the environment. each week keep it here where wall street meets main street. have a great week, everybody. see you next weekend.
246
246
Nov 13, 2012
11/12
by
CNBC
tv
eye 246
favorite 0
quote 0
>> the environment will dictate what, in fact, we'll do. each and every quarter we have to decide our dividend. we are very committed to the strong dividend we pay. not necessarily the yield that we pay, but to the strong dividend that we pay. so we've been over the course of many years now paying this very strong dividend despite the fact that it is a very large ratio. we have the ability to do that because we do not go to capital. in the four-plus decades we've been principally doing the business we do today, which is lending on new york real estate, we have not had any period, not a single quarter, in which we've had to go to capital as a result of losses that we took on loans. so our principle asset is multifamily loans, and we've not had to go to capital. we do it through earnings. we've had minimal losses over a long period of time. the very need for the building of capital is thwarted by the difference in our business model. >> it sounds like this fiscal cliff issue won't impact you paying this dividend. >> well, i cannot say what th
>> the environment will dictate what, in fact, we'll do. each and every quarter we have to decide our dividend. we are very committed to the strong dividend we pay. not necessarily the yield that we pay, but to the strong dividend that we pay. so we've been over the course of many years now paying this very strong dividend despite the fact that it is a very large ratio. we have the ability to do that because we do not go to capital. in the four-plus decades we've been principally doing...
266
266
Nov 14, 2012
11/12
by
CNBC
tv
eye 266
favorite 0
quote 0
when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you bought it down in the low 20s? >> i don't know the actual cost price in front of me. i can tell you it's been one of our big holdings for a couple of years. home depot and lowe's we bought at the end of '11. we had a thesis that housing was bottoming. and now the housing improvement is accelerating and that's a big deal for the u.s. economy when you think about the spillover effect in construction jobs, you know, furniture, auto, cement, everything that comes with household formation in new home purchases. >> well, we want to thank you for joining us today. >> my pleasur
when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you...
214
214
Nov 13, 2012
11/12
by
CNBC
tv
eye 214
favorite 0
quote 0
he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in drilling and natural gas space. >> weatherford this morning off 12% at 3.5 year low. the company warning that fourth quarter is going to come in for earnings below consensus on that number. and they also said that they still have not been able to resolve what they call material weakness in internal controls over financial reporting. they actually didn't break out their third quarter numbers. stock getting hit hard on a day when energy is already to the downside. >> motor trend magazine naming tesla's sedan the car of the year. will the model live up to the hype? we'll find out when te
he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in...
222
222
Nov 14, 2012
11/12
by
CNBC
tv
eye 222
favorite 0
quote 0
that's 7% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to hurt corporations. it's not going to hurt profits, but what it is going to do is hurt the individual investor. they should be in equities. when you look at the dividend plays out there, it's crazy not to be. >> boy, when it comes to the markets, michael, you could not have a more different point of view, could you? >> we have about 30% cash. i took out another about 20%. we're about 50% today in cash. i don't think the fiscal cliff is going to happen. i think they're going to punt. i don't think anybody in washington, d.c. has the meatballs or spaghetti to care about cutting our debt and deficits.
that's 7% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to...
47
47
Nov 13, 2012
11/12
by
CNBC
tv
eye 47
favorite 0
quote 0
so i think tjt works really well in this environment, as i've called it before. it is the discount retailer that doesn't make you feel miserable for shopping there. so i agree -- >> how about this notion, josh, and let's respect the technicals, and the work that enis does. if jcpenney is due for a technical pop, why not buy it as the stock sinks? >> because it's not due for a technical pop. it hasn't happened yet. >> you're crazy. >> what you're saying is it's very stretched out to the downside and oversold. that's fine, but that can remain for a while. if you're a short-term day trader, sure, why not. but if you're looking at that as an investment, i don't see why it's worth risking to make a 5% one-day pop. >> i'll say this. i'll say this, scott. everyone here is bearish except me. so maybe that gives you a bit of a -- >> that's all right. that's what makes a market. next on half, facebook continues to lose friends. how you should be trading that stock ahead of millions of shares flooding the market tomorrow. plus, stocks rallying a bit today, but so are bonds.
so i think tjt works really well in this environment, as i've called it before. it is the discount retailer that doesn't make you feel miserable for shopping there. so i agree -- >> how about this notion, josh, and let's respect the technicals, and the work that enis does. if jcpenney is due for a technical pop, why not buy it as the stock sinks? >> because it's not due for a technical pop. it hasn't happened yet. >> you're crazy. >> what you're saying is it's very...
244
244
Nov 14, 2012
11/12
by
CNBC
tv
eye 244
favorite 0
quote 0
especially the thing about the ip spending environment, it's a tough spending environment. security is one of the few sub sectors that's holding up well and that's kind of a glimmer of hope in a tough macro. >> i presume they'd have to pony up, though. daniel, good to see you. thank you for joining us. >> looking for silver lining amid the cyber security storm clouds. >> one story to leave you with, in queensland in australia, earlier this morning they got a full solar eclipse, completely blocked out the sun at 6:39 local time. we might just see it before we go. >> wow. it's amazing. >> there we go. we've got it. >> and on that lunar shot, kelly and i will say goodbye. "squawk box" is up next. >> we'll see you back here tomorrow. >>> the looming fiscal cliff. some of the nation's best-known ceos are headed to the white house today to meet the with the president. >>> on the economic agenda, key reads on the consumer and inflation and that happens before the bell. in corporate news, cisco's first quarter results beat the street, but ceo john chambers cautions of flat earnings
especially the thing about the ip spending environment, it's a tough spending environment. security is one of the few sub sectors that's holding up well and that's kind of a glimmer of hope in a tough macro. >> i presume they'd have to pony up, though. daniel, good to see you. thank you for joining us. >> looking for silver lining amid the cyber security storm clouds. >> one story to leave you with, in queensland in australia, earlier this morning they got a full solar...
231
231
Nov 19, 2012
11/12
by
CNBC
tv
eye 231
favorite 0
quote 0
there's a little bit of a risk on type environment at the moment. and the ten year bund yield moving a little higher. the same goes for spain, built oig and yield, as well. we were looking at the euro just bouncing a little bit against the dollar. you're heading into this morning's session, we're holding on to those gains, 127 and a bit. the dollar yen coming off by just a tad. president obama meeting with myanmar's president and opposition leader. obama saying his six hour stopover should be seen as a sign of support for myanmar's attempts at democratic reforms rather than endorsement of the country's government. meanwhile his three day trip is also aimed at reinforcing america's ties with the region. analysts say it's something china is watching very closely. deidre has more. >> the obama's administration to choose southeast asia as the president's first foreign trip since winning re-election was greeted by some with surprise. after all, there are far bigger economies in asia that warrant his attention. the strategic importance of southeast asia i
there's a little bit of a risk on type environment at the moment. and the ten year bund yield moving a little higher. the same goes for spain, built oig and yield, as well. we were looking at the euro just bouncing a little bit against the dollar. you're heading into this morning's session, we're holding on to those gains, 127 and a bit. the dollar yen coming off by just a tad. president obama meeting with myanmar's president and opposition leader. obama saying his six hour stopover should be...
250
250
Nov 13, 2012
11/12
by
CNBC
tv
eye 250
favorite 0
quote 0
and this kind ever environment is good for gold much as india we expect the same scenario very possibly to be unfolding shortly in the united states and in europe where the quantitative easing policies aren't really working to stimulate the economy or they're doing really creating inflation. probably what the countries have to do in order to avoid a debt default because most countries have lost control of the debt situation. so the only way to avoid the default in our view would probably be to print to devalue the debt but this real terms, that means inflation. so inflation is very much the main focus of gold for us and that's yes with think it will go a lot higher from here. >> martin, what then is your price target for gold by the end of, say, 2013? >> firstly we don't sell short price targets. we've seen this 2008 that sometimes also what many people should actually see or recognize earlier possibly as a safe haven, sometimes they can also take a hit if you have shorter term deleveraging. so let's say if spain or italy was to default early next year, then you you might see first reac
and this kind ever environment is good for gold much as india we expect the same scenario very possibly to be unfolding shortly in the united states and in europe where the quantitative easing policies aren't really working to stimulate the economy or they're doing really creating inflation. probably what the countries have to do in order to avoid a debt default because most countries have lost control of the debt situation. so the only way to avoid the default in our view would probably be to...
187
187
Nov 19, 2012
11/12
by
CNBC
tv
eye 187
favorite 0
quote 0
most of the people that trade the bank stocks right now say low interest rate environment and no growth or low growth environmentment in 2013. reason they are not particularly optimistic. today these stocks are bouncing back. carl, they have been beaten up badly in the last couple of months. >> thanks, bob. bob pisani. send it back to head quarters and kayla. she has the market flash. >> watching diamond food. the stock tlaubled for the last year a half. down another 11% today on a downgrade from jefferies. jefferies saying there is a -- 33% more downside for this company to go. last week it restated earnings for the last two years. wipe out about $56 million in profit. they had problem was their accounting and with the payme payments. >> meantime, tensions rising in the middle east. senior official close to binyamin netanyahu is ready for ground invasion in the gaza strip but prefers diplomatic solution to that conflict. >> reporter: hello there. in fact, it is nighttime in g . gaza. the attention is shifting south of where we are. focusing more on cairo, egypt. that's where intense ne
most of the people that trade the bank stocks right now say low interest rate environment and no growth or low growth environmentment in 2013. reason they are not particularly optimistic. today these stocks are bouncing back. carl, they have been beaten up badly in the last couple of months. >> thanks, bob. bob pisani. send it back to head quarters and kayla. she has the market flash. >> watching diamond food. the stock tlaubled for the last year a half. down another 11% today on a...
173
173
Nov 20, 2012
11/12
by
CNBC
tv
eye 173
favorite 0
quote 0
they'd like to know what environment they're operating in. they effect them personally and the families of the people that work for them. >> can you get a franchise alone? is it easier than it was a year ago? >> yeah, credit market has loosened up a bit for our franchisees and we're fortunate our model in the investment on the investment side that we don't have to be highly leveraged and our franchisees don't have to be highly leveraged going in. they're able to pay investment out of cash but whenner this borrow money they're getting sba loans out there, smaller banks but it is tougher and it affects their growth. that's for sure. >> the smell is killing me here, i mean in a good way. it's 5:00 somewhere or noon somewhere. bob wright, thank you. we appreciate your time this morning and keep it short. >> are you going for the sub? which way? >> i don't know. >> i could eat it but i know he's an ohio state fan. go blue this weekend. i'm going to holdoff. >>> when we come back we'll talk about betting on a deal to avoid the fiscal cliff. caesar'
they'd like to know what environment they're operating in. they effect them personally and the families of the people that work for them. >> can you get a franchise alone? is it easier than it was a year ago? >> yeah, credit market has loosened up a bit for our franchisees and we're fortunate our model in the investment on the investment side that we don't have to be highly leveraged and our franchisees don't have to be highly leveraged going in. they're able to pay investment out...
164
164
Nov 16, 2012
11/12
by
CNBC
tv
eye 164
favorite 0
quote 0
in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not dependent on any single market. >> about 90 million in net proceeds to the company from this ipo. what are you going to do with the money? >> i think we will buy some shoes. no. >> that's a lot of shoes. >> there's a lot of investment to be made. we feel very strong about the market so in the near term we are going to certainly invest in our engineering and sales and service but also i think, you know, there are lots of technologies in adjacent markets that are interesting. we may want to grow faster than we would -- >> thank you for stopping by. selina lo
in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not...
140
140
Nov 12, 2012
11/12
by
CNBC
tv
eye 140
favorite 0
quote 0
and in these kinds of environments where we see few details often those are the best deals. it's when everyone has confidence and equity markets are up and everyone is feeling great that they do stupid things. >> right. there you go. >> let's check in with bob pisani here on the floor with more of what's moving this morning. >> boy, did i hear dumb talk over the weekend about going over the fiscal cliff. i guess you were going to hear it. go ahead. let them go over the fiscal cliff. who cares. i heard this even from some people whose opinions i respect. well known economists and columnists. good heavens. did anybody look at what happened last time we were talking about this? the fiscal cliff is a wake-up call to politicians. august 2011, we were all here sitting on this floor when they couldn't agree on simple ability to raise the debt ceiling and they downgraded the debt. remember what happened? the s&p dropped 7% that week on the monday after it dropped another 7%. the vix went to 50 for a long time it stayed there. it ruined it the entire summer. almost the entire year of
and in these kinds of environments where we see few details often those are the best deals. it's when everyone has confidence and equity markets are up and everyone is feeling great that they do stupid things. >> right. there you go. >> let's check in with bob pisani here on the floor with more of what's moving this morning. >> boy, did i hear dumb talk over the weekend about going over the fiscal cliff. i guess you were going to hear it. go ahead. let them go over the fiscal...
207
207
Nov 19, 2012
11/12
by
CNBC
tv
eye 207
favorite 0
quote 0
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> hard rock international is teaming up with yoko ono. and why hunger for the imagine there's no hunger campaign. horn $4.5 would million has been raised during the past five years and the president and ce off of the hard rock cafe has been very involved in this. tell us a little bit it. >> thanks for having me. this is a ram we've beprogram w running for many years. there are a billion people beneath poverty and hunger level in the world. and the program really is a program that enjoins why hunger, yoko ono and ourselves and we encourage our staff and our customers to basically provide funding around this holiday season so t
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> hard rock...